Commercial banks face potential risks in booming housing re-mortgage business
The article discusses legal issues related to personal housing re-mortgage loans offered by commercial banks in China. It categorizes the business into three types based on the parties involved and explains their motivations and legal basis. The paper also addresses insurance issues and the legal status of commercial banks in these matters. It highlights the potential risks faced by commercial banks due to the lack of collaterals after issuing re-mortgage loans and suggests that collaborating with professional guarantee corporations can help reduce these risks.